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Uncertainty and the Economy: Some Comments

In response to User 118015: For the vast majority of those people who historically have put a portion of their retirement savings in equities, your sage advice to transfer funds out of the market until a genuine [upward]trend develops is well taken, although this action should have been taken long before now. Unfortunately, too many of the 401(k) contributors still have little investment knowledge and catatonically sit at their kitchen tables, open their monthly or quarterly statements, and inactively lament as their hard earned savings wan into oblivion.